Archives: 2008 October

Some encouraging signs in the housing market

October 31st, 2008, No Comments

This month, we have seen a cluster of indicators which taken individually may not suggest that something is stirring in the housing market. Taken as a whole, they may be be a signal of some life in the housing market. These indicators are all national, but even the regional breakdowns are on the uptick. First, […]

Below the surface: Sales prices in Brooklyn

October 24th, 2008, No Comments

I saw the other day that Jonathan Miller, the appraisal guru, was reporting that residential sales prices in Brooklyn had fallen 5.6% in the third quarter compared to the year before. Knowing that Brooklyn is really a conglomeration of micro neighborhoods, I decided to do a little research on my own. I took four zip […]

More detail on the crisis

October 18th, 2008, No Comments

I came across this excellent piece from in a post that Jonathan Miller wrote for Matrix Bookmark on Delicious Digg this post Recommend on Facebook share via Reddit Share with Stumblers Tweet about it Subscribe to the comments on this post

The pendulum of regulation is swinging back

October 16th, 2008, No Comments

Re-regulation of the financial system is upon us. The "free market", which has been free since the New Deal, is about to acquire some more diligent overseers. According to, Ben Bernanke speaking today at the Economic Club of New York said that _____     Officials should review how supervision and interest rates can minimize […]

Reality vs what we read and hear

October 14th, 2008, No Comments

This morning I read an interview posted on RISMedia about how much scary mis-information is being broadcast and written about the financial condition we are in and how it is affecting the housing market. That has been my impression, as well. Out here on the street, there is still buying and selling going on, a […]

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